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Over10,000 firms move to cross-border e-commerce hubs in 2020

By Zhong Nan | chinadaily.com.cn | Updated: 2021-01-15 13:39
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A worker delivers packages at a logistics center owned by Ningbo Peacebird Fashion Co Ltd, in Ningbo, East China's Zhejiang province, on Nov 10, 2020. [Photo by Zhang Yongtao/For chinadaily.com.cn]

More than 10,000 Chinese enterprises moved to cross-border e-commerce hubs for foreign trade in 2020, according to the latest business operation data released by the Ministry of Commerce.

The volume of imports and exports on the cross-border e-commerce platforms has grown by 31.1 percent year-on-year last year.

The export volume through market procurement trade methods in the country's 31 pilot markets hit a record high of around $100 billion in 2020.

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